LOS ANGELES - October 12, 2010: Stefan Jacoby, president and chief executive officer of Volvo Car Corp.,
will kick off the Los Angeles Auto Show by delivering the Motor Press Guild
(MPG) keynote address the morning of Nov. 17,
2010. The MPG breakfast and Jacoby's address are open to all
credentialed Press Days attendees. A Q&A session will be part of the
presentation.

Jacoby was elected president and chief executive officer of Volvo Cars
in August 2010. Prior to that, he spent most
of his professional career at Volkswagen, where he held several senior
positions€”the latest as of October
2007 serving as the president and chief executive officer of
Volkswagen Group of America.

"Right now Mr. Jacoby is in one of the most fascinating car industry
positions, as a German CEO of an esteemed Swedish brand now owned by the
Chinese," said Charlie Vogelheim, MPG
speaker committee chairman and executive editor of IntelliChoice. "He is
expected to share his vision of the U.S. and Chinese auto markets, and
viable alternative fuel solutions during his LA Auto Show keynote."

Click PLAY to watch the Volvo press introduction of Stefan Jacoby

Jacoby started his career at Volkswagen and from January 1995 to September
1997, managed the General Office of the Chairman of the Board of
Management. From there, as a member of top management, he was responsible
for the Asia-Pacific Region and was instrumental in the expansion of the
two Volkswagen joint ventures in China.
Prior to his last position at Volkswagen, from October 2001 to February
2004, Jacoby was president and chief executive officer of Mitsubishi
Motors Europe. Jacoby's experience working across corporate cultures and
regions has equipped him with in-depth knowledge of one of the industry's
leading premium automotive firms.

This will be the 12th year that the MPG breakfast has opened the LA Auto
Show Press Days. MPG is comprised of approximately 800 automotive
journalists and public relations professionals nationwide, making it the
largest automotive press association in the country.

The 2010 Los Angeles Auto Show will be held in the fall for the fifth
consecutive time. Press Days are Nov. 17
and 18 and Nov. 19-28 for the public.

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